SOLD
RECENT ADVICE
Sold on 11 Nov 2023 for $750,000

15 Newstead Crescent
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 166m2
Land area: 1135m2
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Property Details for 15 Newstead Cres, Newstead

15 Newstead Cres, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 1135m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
166m2
Land Size
1135m2
Local Government
Launceston
Lot/Plan
27/16927

Last Listing description (November 2023)

EXPRESSIONS OF INTEREST FROM $650,000

Unlock the potential of a bygone era in this 1930s gem, located in the prestigious dress circle of Newstead Crescent, Launceston. This property is a canvas waiting for your creative touch, boasting original features that harken back to a simpler time.

- Immerse yourself in the timeless allure of this historic home, featuring preserved original details waiting to be revitalized.

- With 3 bedrooms, a sunroom, and a lounge, there's ample room to redesign and create your ideal living spaces.
- Bring your vision to life! This property is a renovation project perfect for those looking to restore a classic and add significant value.
- Enjoy panoramic mountain views while overlooking your backyard, creating a picturesque backdrop for your everyday life.
- Over 1100m2 of land provides the space you need to expand, landscape, or create your private oasis.

This house, with its historical character and prime location, offers a unique opportunity for renovation enthusiasts and visionaries. Whether you're an experienced renovator or someone with a passion for restoration, this property invites you to reimagine and revive its grandeur.

Situated in the coveted Newstead Crescent, this property offers more than just a home; it provides an address in one of Launceston's most desirable neighborhoods. Close to schools, parks, and all amenities, it ensures a lifestyle of convenience and prestige.

Embrace the challenge and the opportunity! Seize the chance to transform this house into a masterpiece that harmonizes history with modern living.

EXPRESSIONS OF INTEREST CLOSE 5PM FRIDAY 10TH NOVEMBER 2023

Jenkins & Co Property Tasmania have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 15 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$750,000
11 Nov 2023
  • 20 Oct 2023
    Listed for Sale EXPRESSIONS OF INTEREST
  • 04 Apr 1985
    Sold for $80,100

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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2011 was 4,968 people. By 2016 the population was 5,366 showing a population growth of 8.0% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 66.2% of the homes in Newstead were owner-occupied compared with 64.4% in 2016.

Newstead has 2,731 properties. Over the last 5 years, Houses in Newstead have seen a 64.04% increase in median value, while Units have seen a 53.71% increase. As at 31 October 2024:

  • The median value for Houses in Newstead is $715,353 while the median value for Units is $397,028.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Phillipa Jenkins
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Claire Coleman
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Jenkins & Co
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.